Consumers will be affected if the government imposes a tax on apples because Group of answer choices consumer surplus would increase. the price of apples would increase and fewer apples would be purchased. revenues for apple growers would decrease. the government would collect revenue from the tax. producer surplus would decrease.

Consumers will be affected if the government imposes a tax on apples because Group of answer choices consumer surplus would increase. the price of apples would increase and fewer apples would be purchased. revenues for apple growers would decrease. the government would collect revenue from the tax. producer surplus would decrease.

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter5: Elasticity Of Demand And Supply

Section5.A: Appendix: Price Elasticity And Tax Incidence

Problem 1AQ

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